Anger over the killing of Philando Castile by St. Anthony police only months after the death of Jamar Clark at the hands of the Minneapolis police, motivated the formation of BLEXIT, “A Strategic Movement towards Black Independence through economic boycotting, civil disobedience and organized investment into the Black economy,” according to the website. Community members also […]
Black banks
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Where did the Black banks go?
America has half as many black-owned banks as existed 15 years ago. “People assume [black bankers] don’t know what they are doing,” said Alden McDonald, CEO of New Orleans-based Liberty Bank and Trust. “Put yourself in these shoes: We are located in communities in which all of the large banks have moved out of because […]